Several Fed officials warned of reducing or ending QE too soon, but several on the FOMC said the Fed should be prepared to vary the pace of QE, because tapering the pace of the asset purchase program may become necessary.

Barack Obama‘s decisive victory over Mitt Romney in the presidential elections has cemented the future path of monetary policy under Ben Bernanke. After unveiling a fourth round of long-term asset purchases, or quantitative...

Fed Chairman Ben Bernanke, an expert on the Great Depression, understands the ravages of debt deflation and his every action has been to prevent it from occurring. It is one of the reasons why, on September 13th, 2012 the...

You know that scene in the film Contact where the “Machine” is spooling up, its three spinning rings kicking out crazy light and an electromagnetic field powerful enough to pitch nearby Navy battleships sideways, as Ellie (Jodie Foster) waits, terrified, in her tiny spherical craft above the space-time bedlam, to plummet into the...